Alphabet’s Bold Move: The Future of Crypto Mining and AI Integration
Wow, did you all hear the news? Alphabet Inc. is making waves in the crypto scene with its big investment in TeraWulf, a Bitcoin mining company. This isn’t just any investment though; it reflects a serious commitment to sustainable practices and a pivot towards combining artificial intelligence (AI) with crypto mining. Let’s break down what this means for the market and why it could change everything.
Alphabet’s Investment in TeraWulf: A Game Changer
Here’s the scoop: Alphabet’s become the largest shareholder in TeraWulf after increasing its stake through a $3.2 billion backstop deal. That’s a 14% stake folks! And considering TeraWulf’s focus on zero-carbon energy projects, this is huge. They’re getting over 73 million warrants tied…
